NU potential trade for the week. Price is approaching resistance level confluence with a trendline, if our rsi is overbought, and we get relevant bearish price action I will be looking to short this pair to the bottom region of the trendling.
This trade will only be valid.
- RSI overbought
- Bearish candle stick pattern near the resistance zone.
- Candlesticks do not break and close above the zones.
If these requirements are NOT meant. There will be NO trade.
Always stick to your rules and enter when everything aligns.
Plan your trade. Trade your plan.
~ Mustafa
This trade will only be valid.
- RSI overbought
- Bearish candle stick pattern near the resistance zone.
- Candlesticks do not break and close above the zones.
If these requirements are NOT meant. There will be NO trade.
Always stick to your rules and enter when everything aligns.
Plan your trade. Trade your plan.
~ Mustafa